XRP, as we've already said, has HAD an awful year. This could be a possible area that it does turn around and a great way to grow some extra Bitcoin from the rise up again.
I'd keep a tight stopless until the trend is confirmed.
Hello all ripple holders, Did you see the rise in the market yesterday, it was due to the base currency listing in Coinfield ( Canadian exchange). Lets not forget that Brad said at least 1 bank will use x rapid by this end of year and a dozen by 2019. stating this publicly is no joke, all it takes time.
I have shown my analysis in the chart, kindly have a look....
Massive RSI divergence on day chart BUT it also shows a tweezer candle followed by an inverted hammer candle.
If you dont know, these are bullish signals
If we go into the hour chart, RSI is up-trending :)
Keep on the lookout for XRP. I have a feeling it will moon in the next coming weeks
XRP is in oversold conditions. Reaching 7K support wich is also 0.618 retracement level from 17 Sept Low to 21 Sept High
If current level holds i see XRP make another rally.
Will be looking for buy opportunity at the 7k level on lower time frames.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.